Courtesy of MAK Realty Group, Sergey Rybak , rybak.sergey@gmail.com

121 NE 5th St Unit# 3200, Miami, Florida, 33132

A move-in-ready, fully furnished studio in a building that permits short-term rentals a key differentiator in Downtown Miami, where Airbnb-approved inventory is limited and commands a premium. The 411 SqFt layout includes a 38 SF balcony above-average outdoor space for the segment plus integrated premium appliances and in-unit washer/dryer, reducing furnishing and turnover costs whether you’re targeting nightly stays or longer-term leases. Location is the core thesis: directly adjacent to the Brightline station and Metromover, and steps from the Miami Worldcenter development a multi-billion-dollar project anchoring sustained demand and infrastructure investment in the corridor. Proximity to the Kaseya Center, Museum Park, and Downtown’s dining and entertainment scene drives consistent guest and tenant appeal. Building amenities (rooftop pool, fitness center, co-working spaces, 24-hour concierge) support premium nightly rates and strong occupancy. A brand-new 2025 build minimizes near-term capex and maintenance risk a low-friction, flexible-use addition to any rental portfolio.

Active

$468,000

Condo/ Townhome/ Apartment

1 ba

412 Sqft

MLS

A12039927

40 Stories

Built in 2025

501 FIRST RESIDENCES

0 (2026)

Disclaimer: The information contained in this listing has not been verified by MAK Realty Group and should be verified by the buyer.

Information provided by MAR

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ADDRESS & DIRECTIONS

  • Street Address: 121 NE 5th St Unit# 3200
  • City: Miami
  • State: Florida
  • County: Miami-Dade
  • Subdivision: 501 FIRST RESIDENCES

PROPERTY FEATURES

Amenities

  • View

General Information

  • Architectural Style : HighRise
  • Property Sub-Type Additional : Condominium
  • Pool Features : Association,Heated

Heating /Cooling Features

  • Heating : Yes.
  • Heating : Central
  • Cooling : Yes.
  • Cooling : CentralAir

Interior Features

  • Interior Features : BedroomOnMainLevel,ClosetCabinetry,FirstFloorEntry,Elevator
  • Appliances : Dryer,Dishwasher,Microwave,Other,Refrigerator,Washer
  • Flooring : CeramicTile

Parking Features

  • Parking Features : Barbecue
  • Garage Spaces: 0

Construction Features

  • Construction Materials : Block

Security Features

  • Security Features : DoorMan,ElevatorSecured,LobbySecured,SmokeDetectors

Community Features

  • Association Amenities : BusinessCenter,Clubhouse,Elevators,FitnessCenter,Barbecue,PicnicArea,Pool,SpaHotTub,Trash
  • Association Fee : 589
  • Association Fee Includes : Amenities,HotWater,Internet,Sewer,Trash,Water
  • Association Fee Frequency : Monthly

SCHOOLS NEAR 121 NE 5th St Unit# 3200

  • Courtesy of MAK Realty Group, Sergey Rybak
  • Property last updated on MAR : 7/8/2026 12:15:12 PM